Alkermes Plc Stock Price on March 25, 2021
| ALKS Stock | USD 24.02 0.40 1.64% |
Below is the normalized historical share price chart for Alkermes Plc extending back to July 16, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alkermes Plc stands at 24.02, as last reported on the 16th of April 2024, with the highest price reaching 24.64 and the lowest price hitting 23.92 during the day.
If you're considering investing in Alkermes Stock, it is important to understand the factors that can impact its price. Alkermes Plc secures Sharpe Ratio (or Efficiency) of -0.0644, which signifies that the company had a -0.0644% return per unit of risk over the last 3 months. Alkermes Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alkermes Plc's Mean Deviation of 1.75, standard deviation of 2.83, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
At this time, Alkermes Plc's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.2 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 1.2 M in 2024. . At this time, Alkermes Plc's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 12.32 in 2024, whereas Price Book Value Ratio is likely to drop 3.72 in 2024. Alkermes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of July 1991 | 200 Day MA 27.8147 | 50 Day MA 27.9578 | Beta 0.554 |
Alkermes |
Sharpe Ratio = -0.0644
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| Negative Returns | ALKS |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alkermes Plc is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alkermes Plc by adding Alkermes Plc to a well-diversified portfolio.
Price Book 3.3924 | Enterprise Value Ebitda 7.0815 | Price Sales 2.4528 | Shares Float 158.8 M | Wall Street Target Price 35.91 |
Alkermes Plc Valuation on March 25, 2021
It is possible to determine the worth of Alkermes Plc on a given historical date. On March 25, 2021 Alkermes was worth 26.45 at the beginning of the trading date compared to the closed value of 28.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkermes Plc stock. Still, in general, we apply an absolute valuation method to find Alkermes Plc's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alkermes Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkermes Plc's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 26.45 | 28.10 | 26.17 | 28.06 | 1,973,500 |
| 28.21 | 29.02 | 28.00 | 28.71 | 1,479,200 |
| Backtest Alkermes Plc | | | Alkermes Plc History | | | Alkermes Plc Valuation | Next |
Alkermes Plc Trading Date Momentum on March 25, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Alkermes Plc Fundamentals Correlations and Trends
By evaluating Alkermes Plc's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alkermes Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alkermes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alkermes Plc Stock history
Alkermes Plc investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alkermes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkermes Plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alkermes Plc stock prices may prove useful in developing a viable investing in Alkermes Plc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 169.7 M | 107.2 M | |
| Net Loss | -142.4 M | -135.3 M |
Alkermes Plc Quarterly Net Working Capital |
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Alkermes Plc Stock Technical Analysis
Alkermes Plc technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Alkermes Plc Period Price Range
Low | April 1, 2022
| High |
26.45 | 28.06 |
Alkermes Plc April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Alkermes Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkermes Plc shares will generate the highest return on investment. By undertsting and applying Alkermes Plc stock market strength indicators, traders can identify Alkermes Plc entry and exit signals to maximize returns
| Accumulation Distribution | 135546.0 | |||
| Daily Balance Of Power | 0.8342 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 27.14 | |||
| Day Typical Price | 27.44 | |||
| Price Action Indicator | 1.73 | |||
| Period Momentum Indicator | (4.04) |
Alkermes Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alkermes Plc's price direction in advance. Along with the technical and fundamental analysis of Alkermes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alkermes to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.11) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alkermes Stock analysis
When running Alkermes Plc's price analysis, check to measure Alkermes Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.
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Is Alkermes Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkermes Plc. If investors know Alkermes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkermes Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.06 | Revenue Per Share 10.007 | Quarterly Revenue Growth 0.239 | Return On Assets 0.1281 | Return On Equity 0.4622 |
The market value of Alkermes Plc is measured differently than its book value, which is the value of Alkermes that is recorded on the company's balance sheet. Investors also form their own opinion of Alkermes Plc's value that differs from its market value or its book value, called intrinsic value, which is Alkermes Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkermes Plc's market value can be influenced by many factors that don't directly affect Alkermes Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alkermes Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkermes Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkermes Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.